AfDB obtains $15.6b for construction of Lagos-Abidjan highway

The African Development Bank (AfDB) has secured a 15.6 billion dollars investment for the construction of the Lagos-Abidjan highway.

AfDB President, Dr. Akinwumi Adesina, tweeted this on his Twitter handle @akin_adesina.

He said that the investment would strengthen regional trade and integration in West Africa by linking the hinterlands of different Participating Member Countries (PMCs).

Adesina stated that the investment would include providing seaport access to landlocked countries and some transition states of West Africa to the vibrant seaports.

The Abidjan-Lagos Corridor is a flagship project of the Programme for Infrastructure Development in Africa (PIDA).

A statement issued by AfDB recently said the Abidjan -Lagos project is a key regional trade and transport corridor that interconnects some of the largest and most economically dynamic cities in Africa, Abidjan, Accra, Cotonou, Lomé, and Lagos.



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